If you run a profitable eBay business, full-time or part-time, you may be able to gain tax relief and build up retirement savings through a qualified retirement plan and/or IRA. For example, if you net $40,000 from an eBay business and make a tax-deductible contribution of $5,000 to a retirement plan, you only pay income tax now on $35,000.
If you're in the 25% tax bracket, the write-off essentially means that the contribution is only costing you $3,750 out-of-pocket; the government is contributing $1,250 through the taxes you save by making the contribution.
The type of plan you use and the amount of money you put into it depends on several factors, including how much you want or can afford to save, whether you have other retirement plans, whether you have employees, and your years until retirement. Here are just three options to consider:
Read more http://www.auctionbytes.com/cab/abu/y207/m02/abu0184/s02
Monday, February 5, 2007
Homestead Sites for eBay Sellers
Homestead.com has offered website hosting since 1998. As an online seller, you can choose between two main offerings. Homestead's web-hosting service allows you to add a PayPal shopping cart if you want to sell items. And Storefronts is a full-featured ecommerce service that uses eBay's ProStores technology (formerly Kurant) and integrates with eBay and PayPal.
Homestead Websites The Homestead web-hosting Starter plan costs $4.99/month for the first 3 months, then rises to $9.99/month. You can use the Starter plan for one website with up to 5 pages and can get a personalized domain. There are two other plans, one for $19.99/month, and one for $49.99/month. If you want to sell items, you can add a PayPal Shopping Cart.
Read more http://www.auctionbytes.com/cab/abu/y207/m02/abu0184/s03
Homestead Websites The Homestead web-hosting Starter plan costs $4.99/month for the first 3 months, then rises to $9.99/month. You can use the Starter plan for one website with up to 5 pages and can get a personalized domain. There are two other plans, one for $19.99/month, and one for $49.99/month. If you want to sell items, you can add a PayPal Shopping Cart.
Read more http://www.auctionbytes.com/cab/abu/y207/m02/abu0184/s03
Man banned from eBay for alleged shilling
A British man, one of eBay.com's "Titanium PowerSellers," has been permanently removed from the Web site for alleged shill bidding.
Shill bidding is when the seller artificially drives up the price of an auction, The Sunday Times of London said.
Eftis Paraskevaides, an antiquities dealer from Cambridgeshire, England, allegedly used his ex-wife's eBay account to drive up the prices of at least 400 items, the newspaper reported.
Six users were permanently banned from the auction site after after The Sunday Times ran an investigation on shill bidding and passed the evidence on to eBay, the newspaper said.
Paraskevaides antique company made around $2.7 million, making him a "Titanium PowerSeller" and one of eBay's top earners.
Last month he told an undercover reporter that he was able to have business associates bid on his auctions, The Sunday Times alleged.
Shill bidding is when the seller artificially drives up the price of an auction, The Sunday Times of London said.
Eftis Paraskevaides, an antiquities dealer from Cambridgeshire, England, allegedly used his ex-wife's eBay account to drive up the prices of at least 400 items, the newspaper reported.
Six users were permanently banned from the auction site after after The Sunday Times ran an investigation on shill bidding and passed the evidence on to eBay, the newspaper said.
Paraskevaides antique company made around $2.7 million, making him a "Titanium PowerSeller" and one of eBay's top earners.
Last month he told an undercover reporter that he was able to have business associates bid on his auctions, The Sunday Times alleged.
nna Bonta Spaceship for Sale on eBay!?
The spaceship being sold may win the high bidder half of a million dollar grand prize and a place in aerospace and literary history. A rocket being built to compete in an aerospace competition has been name Lauryad, after the spaceship from American novelist Vanna Bonta's quantum fiction FLIGHT novel!
The rocket team is competing for a grand prize of one million dollars in the NASA Lunar Lander Challenge this October (07) against a few rocketeers contenders, including video game genius John Carmack (Doom and Quake).
Read more http://www.waleg.com/celebrities/archives/006736.html
The rocket team is competing for a grand prize of one million dollars in the NASA Lunar Lander Challenge this October (07) against a few rocketeers contenders, including video game genius John Carmack (Doom and Quake).
Read more http://www.waleg.com/celebrities/archives/006736.html
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